Minimum Sum definition

Minimum Sum means the sum specified in paragraph 3 of Annex 8;
Minimum Sum. , in relation to a member, means the minimum sum referred to in section 15(6)(a) that is applicable to the member;
Minimum Sum means the minimum sum or sums set out in Schedule 2.

Examples of Minimum Sum in a sentence

  • Minimum Sum in Dispute The sum in dispute between You and the Contracting Party as specified in the Schedule which We shall not be liable to cover under this Agreement.

  • Minimum Sum Assured means USD 50 000 (or GBP or EUR currency equivalent).

  • Class Minimum Sum Insured Public Liability £xxx million Employers Liability £xxx million Professional Indemnity £xxx million [Product Liability] £xxx million [Business Continuity] £xxx million [Others] [Guidance: consider whether any project specific insurances are required.

  • Notwithstanding the foregoing, a special resolution at the meeting of the Bondholders may instruct the Trustee to distribute, to the Bondholders, any such amount, even where the cumulative sum as aforesaid is less than the Minimum Sum.

  • Class Minimum Sum Insured Public Liability £5,000,000 any one occurrence Employers Liability in accordance with any legal requirement for the time being in force.


More Definitions of Minimum Sum

Minimum Sum means the sum referred to in section 15 (6);
Minimum Sum means the minimum level of professional indemnity insurance stipulated in the Letter. If no amount is stipulated in the Letter then the Minimum Sum shall be £5,000,000. “Part(y)/(ies)” shall mean the Employer and the Consultant 'Prohibited Act' means:
Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister responsible for finance;10
Minimum Sum means the excess under the insurance policy maintained by the Station Facility Owner pursuant to Condition 22.1, as notified by the Station Facility Owner from time to time;
Minimum Sum means £10,000;
Minimum Sum means the sum of 1,700,000 US$ that NEWCO is obliged to contribute to MIDAS, or to spend or advance on behalf of MIDAS, according to Clauses 6.3 and 27.1.
Minimum Sum means the sum declared by the Board under section 42; “Minister” means the Minister of Finance;